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No. of Recommendations: 2
In a broad-brush sense, no, it's not that hard. But do I understand their product line? Nope. Do I understand implementation in the cloud? Nope. Etc.

Ditto UPST. I get the very basics of loans, and not much about AI**. But the numbers speak. Their customers understand, know what they need, and choose their product(s). (Same with CRWD. And DDOG.)

This is contrary to what I learned long ago (from Peter Lynch). He advocated understanding the business, and if possible, going there. That's why I bought COST. The parking lot is a madhouse, the stores are always busy, they have 10 registers all with lines of people with loaded carts. I looked at the numbers, and they were solid. So I bought.

I'm still getting used to looking only at the numbers. But if I don't, I'm limited to semiconductor stocks (which I know the industry very well), and things I can visit like COST.

1poorguy (long CRWD and UPST and DDOG and COST)



**I know it exists, it can detect patterns that elude human analysis, and there is some sort of "machine learning". That's about it.
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